FL ARCHIVED November 2017 | Page 17

Market Action Report November 2017
Community Information | School District
Market Action Report November 2017

County : Pasco

Price Range : All | Properties : SFH - Con
Trending versus *:
Trending versus *:
Market Profile & Trends Overview
Month
LM
L3M
PYM
LY
YTD
Prior YTD
Prior Year
Median List Price of all Current Listings
$ 238,000
4 %
14 %
Average List Price of all Current Listings
$ 279,572
3 %
15 %
November Median Sales Price
$ 199,900
8 %
4 %
14 %
23 %
$ 184,500
15 %
14 %
November Average Sales Price
$ 210,804
2 %
1 %
13 %
18 %
$ 198,892
12 %
11 %
Total Properties Currently for Sale ( Inventory )
2,344
-2%
-12%
November Number of Properties Sold
853
1 %
6 %
10,321
3 %
November Average Days on Market ( Solds )
54
6 %
6 %
-7%
-14%
55
-13%
-13%
Asking Price per Square Foot ( based on New Listings )
$ 121
4 %
3 %
11 %
17 %
$ 114
12 %
11 %
November Sold Price per Square Foot
$ 109
1 %
0 %
11 %
16 %
$ 105
13 %
12 %
November Month ' s Supply of Inventory
2.7
-2%
-4%
-17% -10%
2.7
-11%
-10%
November Sale Price vs List Price Ratio
95.6 %
. 5 %
. 0 %
. 4 %
. 9 %
95.4 %
1 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
1,400
November Property sales were 853 , up 6.4 % from 802 in
November of 2016 and 0.8 % higher than the 846 sales last
Property month . November Sales 2017 sales were at their highest level
1,200
1,400
November compared Property to November sales were of 2016 853 and , up 6.4 2015 % . from November 802 in YTD sales
1,000
November of 10,321 of are 2016 running and 0.8 2.9 % higher ahead than of last the year 846 ' s sales year-to-date last sales
1,200 month . November 2017 sales were at their highest level
800 of 10,031 . compared to November of 2016 and 2015 . November YTD sales
1,000
of 10,321 are running 2.9 % ahead of last year ' s year-to-date sales of 10,031 .
800
600
600
400
400
200

Pasco Agent County

Name
Title Phone Website Other

Community Information | School District

Number of Properties Sold
200
0
D
J
F M A M J
J
A S O N D
J
F M A M J
J
A S O N D
J
F M A M J
J
A S O N
0
14
15
16
17
Prices
The Median Sales Price in November was $ 199,900 , up 14.4 %
D
J
F M A M J
14
15
J
A S O N D
J
F M A M J
J
A S O N D
J
F M A M J
J
Median Sales Price and Average Sales Price
16
17
A S O N
3 Mo Avg
Prices from $ 174,700 in November of 2016 and up 8.1 % from
240
The
$ 185,000 Median last Sales month Price . in The November Average was Sales $ 199,900 Price in , up November 14.4 % was from
$ 210,804 $ 174,700 , up in 13.2 November % from $ of 186,190 2016 and in November up 8.1 % from of 2016 and up
220
240
Median Sales Price and Average Sales Price
3 Mo Avg
$
2.0 185,000 % from last $ 206,767 month . The last Average month . Sales November Price in 2017 November ASP was was at the
$ 210,804 , up 13.2 % from $ 186,190 in November of 2016 and up
220
200 highest level compared to November of 2016 and 2015 .
2.0 % from $ 206,767 last month . November 2017 ASP was at the
200
180
highest level compared to November of 2016 and 2015 .
180
160
160 140
140 120
872 654 721 932 935
872 654 721 932 935 1,007 1,113 1,054 970 871 871 790 916 681 760 998 1,041 1,052 1,046 975 988 896 792 802 913 670 754 1,045 1,001 1,134 1,163 1,041 1,014 800 846 853
120 100
100 D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J 14F 15 M A M J J A S O N D J F M16A M J J A S O N D J F M 17 A M J J A S O N 14 15
16 17
Inventory & MSI Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory The Total Inventory & MSI of Properties available for sale as of Total Inventory & Month ' s Supply of Inventory ( MSI )
The November Total Inventory was 2,344 of Properties , down 1.5 % available from 2,380 for sale last month of and
4,000 7.0
November down 11.7 was % from 2,344 2,656 , down in 1.5 November % from 2,380 of last last year month . November and 4,0003,500
7.0 6.0 down 201711.7 Inventory % from 2,656 was at in its November lowest level of last compared year . November with November 3,5003,000 6.0
5.0 2017 of 2016 Inventory and 2015 was . at its lowest level compared with November 3,0002,500
5.0 of 2016 and 2015 .
2,500
4.0 2,000
4.0 2,000
3.0 1,500
A comparatively lower MSI is more beneficial for sellers while a 3.0
1,500 A comparatively lower MSI is more beneficial for sellers while a 1,000
2.0 higher MSI is better for buyers . The November 2017 MSI of 2.7 1,000
2.0 higher months
MSI was is better at its lowest for buyers level
. The compared
November with 2017 November
MSI of 2.7 of 2016 500
1.0
1.0 months was at its lowest level compared with November of 2016 500 and 2015 .
0 0.0 and 2015 . 0
0.0 D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N
D J F M A J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N 14 15
16 17
14 15 16
17
1,007 1,113 1,054
3,749 3,781 3,730 3,622 3,579 3,538 3,389 3,338 3,278 3,181 3,081
970
3,749 3,781 3,730 3,622 3,579 3,538 3,389 3,338 3,278
871 871
Number of Properties Sold
790 916 681 760 998
3,074 3,010 3,009 2,948 2,893 2,799 2,630 2,665 2,590 1,041 1,052 1,046
3,181 3,081 3,074 3,010 3,009 2,948 2,893 2,799 2,630 2,665 2,590 975 988 896 792 802 913 670 754 1,045 1,001
3 Mo Avg
1,134 1,163
2,550 2,615 2,632 2,656 2,589 2,638 2,593 2,622 2,480 2,470 2,508 2,506 2,468 2,435 2,380 2,344
1,041
2,550 2,615 2,632 2,656 2,589 2,638 2,593 2,622 2,480 2,470 2,508 2,506 2,468 2,435 1,014
3 Mo Avg
800 846
2,380 2,344
853
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : All | Property Types : SFH - Con Data is provided courtesy of Greater Fort Lauderdale REALTORS , REALTOR Association of Martin County , Miami Association of REALTORS , My Florida Regional MLS , Naples Area Board of REALTORS , REALTORS Association of the Palm Beaches , Space Coast Asso does not warrant or guarantee the accuracy of this information . It is the responsibility of any buyer or seller to verify any and all information relevant to such consumer ’ s real estate transaction .
c o l d w e l l b a n k e r h o m e s . c o m | 17